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Report: Credit Suisse appoints 2 equities execs for Asia-Pacific

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Report: Credit Suisse appoints 2 equities execs for Asia-Pacific

Credit Suisse Group AG appointed two former Deutsche Bank AG senior equities executives in Asia-Pacific, Bloomberg News reported April 3, citing "a person familiar with the matter."

The Swiss bank appointed Neil Hosie as Asia-Pacific head of equities and Patrick Kelly as Asia-Pacific head of equity client trading and execution.

Both Hosie and Kelly resigned from Deutsche Bank in the week of March 27, people familiar with the matter said.

The report came as the Swiss bank has been restructuring its Asian equities and fixed-income businesses.

Kelly and representatives of both banks declined to comment on the matter, while Hosie could not immediately be reached for comment, Bloomberg reported.